Oral Answers to Questions

Wayne David Excerpts
Tuesday 29th November 2011

(13 years ago)

Commons Chamber
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David Lidington Portrait Mr Lidington
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My right hon. Friend the Chancellor of the Exchequer made it quite clear at the most recent ECOFIN meeting that we would reject an EU financial transfer tax, and he was supported in his opposition by 11 other member states.

Wayne David Portrait Mr Wayne David (Caerphilly) (Lab)
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Can the Minister tell us what practical actions his Government have taken to encourage our European partners to complete the single European market?

David Lidington Portrait Mr Lidington
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I have discussed this in the past two weeks with senior members of the Commission, and I have encouraged them to introduce measures under the Single European Act. Yesterday, in Berlin, other Ministers and I talked to our German counterparts about joint action both to deepen the single market and to reduce the cost of regulations, especially for small and medium-sized businesses.